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Pamela

Update on Pamela

Pamela is taking out a new loan to improve her business. She is grateful for her previous loan, which provided her with a supply of ingredients to prepare food dishes. With this new investment, she wants to buy more ingredients to prepare a variety of dishes and meet her customers' demands. She plans to buy wheat flour, vegetables, cooking fat and food flavoring, among other things. Her aim is to grow her business into a hotel.

Previous Loan Details

Pamela is a widow with six children, three boys and three girls, all of whom attend school. She lives in a rental house that has electricity and piped water. Her greatest monthly expenses are school fees and rent. For over ten years, Pamela has operated a food vendor business selling deep-fried c... More from Pamela's previous loan »

Additional Information

About Yehu Microfinance Trust

This loan is administered by Yehu Microfinance Trust, which was founded in 1998 as a project of CHOICE Humanitarian Kenya. In July 2007, Yehu became a separate entity from CHOICE and was registered as a trust. Since then, Yehu has expanded to cover over half of Kenya’s 13 coastal districts.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Kenya

  • $1,800
    Average annual income
  • 970
    View loans »
    Kenya Loans Fundraising
  • $41,774,550
    Funds lent in using Kiva
  • 85.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Pamela to buy wheat flour, vegetables, cooking fat, food flavors and other ingredients to prepare food to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2012
Listed
Nov 23, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013
This photo was used before for a previous loan for Pamela. It was first posted on Kiva on Nov, 2010. Learn More